Team17 Group (LSE:TM17) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Team17 Group Debt-to-Equity?

Team17 Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.7 Mil. Team17 Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £2.9 Mil. Team17 Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £246.8 Mil. Team17 Group's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Team17 Group's Debt-to-Equity or its related term are showing as below:

LSE:TM17' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 36.33
Current: 0.01

During the past 9 years, the highest Debt-to-Equity Ratio of Team17 Group was 36.33. The lowest was 0.01. And the median was 0.02.

LSE:TM17's Debt-to-Equity is ranked better than
99.76% of 425 companies
in the Interactive Media industry
Industry Median: 0.15 vs LSE:TM17: 0.01

Team17 Group Debt-to-Equity Historical Data

The historical data trend for Team17 Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Team17 Group Debt-to-Equity Chart

Team17 Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

0.02

0.01

Team17 Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.02	0.01	0.01	0.02	0.01

Competitive Comparison of Team17 Group's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Team17 Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Team17 Group's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Team17 Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Team17 Group's Debt-to-Equity falls into.

Team17 Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Team17 Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.683	+	2.889)	/	246.779
	=	0.01

Team17 Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.683	+	2.889)	/	246.779
	=	0.01

Team17 Group (LSE:TM17) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Team17 Group Debt-to-Equity Related Terms

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Team17 Group (LSE:TM17) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Team17 Group PLC (LSE:TM17) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2EC:Germany

Address

Paragon Business Park, 3 Red Hall Avenue, Wakefield, West Yorkshire, GBR, WF1 2UL

Website

https://www.team17.com

Team17 Group PLC is a video game label and creative partner for independent developers. The company supports both owned first party IP and third-party IP-through partnering with indie developers globally. The company focuses on premium, rather than free to play games, and its portfolio comprises over 90 games, including the iconic and well-established Worms franchise, as well as Overcooked and The Escapists. The company has three reportable segments such as Games Label, Simulation and Edutainment. Games label segment is involved in Developing and publishing video games for the digital and physical market, Simulation segment works on Developing and publishing simulation games for the digital and physical market.

Team17 Group (LSE:TM17) Headlines

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